This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The costs of labor and land used to produce a product is A) administrative costs. B) costs of ... (Read 281 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
The costs of labor and land used to produce a product is
 A) administrative costs.
  B) costs of goods sold.
  C) net profit plus the cost of capital.
  D) none of these choices.

Question 2

Economic profit equals
 A) net operating profit after taxes plus the cost of capital.
  B) net operating profit after taxes divided by the cost of capital.
  C) net operating profit after taxes multiplied by the cost of capital.
  D) net operating profit after taxes minus the cost of capital.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Chloeellawright

  • Member
  • Posts: 588
Reply 2 on: Jun 30, 2018
Gracias!

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Qualifications of Certified Medical Administrative Specialist Qualifications of Certified Medical Administrative Specialist
Durkheim believed that modern societies produce feelings of isolation, much of which come from the ... Durkheim believed that modern societies produce feelings of isolation, much of which come from the ...
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Plot of land (Part c) Plot of land (Part c)
Offset Method Plot of Land with Offset Lines Offset Method Plot of Land with Offset Lines
Birds-eye view of land Birds-eye view of land
Video: Acid-base imbalances - metabolic acidosis and alkalosis

For a complete list of videos, visit our video library